It has been a few months already that real estate investment trust (reit) prices have been retreating as income instrument yield rise with the expected interest rate hikes. To date, it has been widely expected that there should be about 4 to 5 hikes in 2022 and another 2-3 hikes in 2023, to bring the near-zero interest rate now to about 2.5% by mid-2023. The recent Federal Open Market Committee (FOMC) meeting unleashed a more dire picture. The likelihood of the 1st hike, which was originally expected to take place in mid-2022, is now widely expected to happen as early as March 2022. Furthermore, the first interest rate hike could be 50 basis points instead of originally expected 25 basis points. As of now, nothing has taken place yet, but the market sentiment is good enough to cause reit prices as well as many income instruments to fall about 15% from their peak. In fact, by now, many reit prices have broken their 52-weeks low....